Feasibility study for steel complex in Vietnam completed
According to recent news in the market, Vietnam Steel Corporation and Arcelor have completed the pre-feasibility study for the steel complex, which is planned to be built in Vietnam.
The results of the pre-feasibility study have been submitted to the interested ministers.
The steel complex under the project will be built in Vung Ang port in central Ha Tinh province. 50% of the
iron ore requirement of the steel complex will be supplied by Thach Khe mine, which close to the complex.
An investment of around $3 billion will be made in the complex. 60% of the investment will be bank loans.